alternative lenders

The firm is responding to a pullback from bank lenders, chairman and chief executive Barry Sternlicht said on Starwood Property Trust’s Q4 earnings call.

The New York-based manager is expected to close $300m in loans over the next 30 days as debt funding gaps and needs persist.

Freddie Mac provides $335m of funding alongside investments from CPP and Harbor Group.

Florida-based manager looks to elevate $750 million fund to capitalize on private lending opportunities.

The Toronto-based manager is looking at the city on a long-term basis.

The attainable housing specialist is seeing a push toward asset management.

The Boston-based manager sees opportunities to move up in the quality spectrum in terms of both assets and partners.

The loan on One Market Plaza, a San Franciso office tower, was one of the largest CMBS loans slated to mature in 2024.

Private credit lenders and other alternative sources of capital are already stepping in to work with national and regional banks to restructure loans.

Pennington Partners has hired a team from Walker & Dunlop Investment Partners to make structured equity investments in industrial and multifamily properties.